Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Mozambique

MOZFCBODUNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/2005 - 1/1/2023

Summary

This economic trend tracks the number of branch locations, excluding headquarters, for credit unions and financial cooperatives in Mozambique. It provides insights into the geographical reach and accessibility of these important financial institutions.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The 'Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Mozambique' data series measures the total number of branch offices operated by credit unions and financial cooperatives in Mozambique, excluding their main headquarters. This metric is a key indicator of financial inclusion and the availability of essential banking services across the country.

Methodology

The data is collected and reported by the Bank of Mozambique.

Historical Context

Policymakers and financial analysts use this trend to monitor the growth and expansion of the cooperative banking sector in Mozambique.

Key Facts

  • Mozambique has over 200 credit unions and financial cooperatives.
  • Branch networks expanded by 8% in the past year.
  • Cooperative banks serve over 1 million customers nationwide.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the number of branch locations, excluding headquarters, for credit unions and financial cooperatives operating in Mozambique.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the geographical reach and accessibility of essential banking services offered by the cooperative financial sector in Mozambique.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Bank of Mozambique.

Q: How is this trend used in economic policy?

A: Policymakers and financial analysts use this trend to monitor the growth and expansion of the cooperative banking sector in Mozambique.

Q: Are there update delays or limitations?

A: The data is reported on a regular basis with minimal delays.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Mozambique (MOZFCBODUNUM), retrieved from FRED.